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Nairametrics
Home Companies Company News

Investor Beware: These Companies Are Set To Be Delisted From The Nigerian Stock Exchange

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 24, 2013
in Company News, Politics
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NSE

 

The Nigerian Stock Exchange recently delisted some companies from trading on the floor of the Nigerian Stock Exchange. It is important to note these names especially for investors who may be dubiously lured into purchasing the shares in these companies.

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S/NCOMPANYDATE DELISTEDREASON FOR DELISTING
1IMPRESIT BAKOLORI PLC2002 Voluntary
2DUMEZ NIGERIA PLC2002 Regulatory: NSE
3CFOA NIGERIA PLC2007 Voluntary
4ACEN INSURANCE PLC2008 Regulatory: NAICOM
5ATLAS NIGERIA PLC2008 Regulatory: NSE
6CERAMICS MFG. COY. PLC2008 Regulatory: NSE
7AMICABLE INSURANCE PLC2008 Regulatory: NAICOM
8BAICO INSURANCE PLC2008 Regulatory: NAICOM
9BEVERAGES (WA) NIG. PLC2008 Regulatory: NSE
10ENPEE PLC2008 Regulatory: NSE
11TATE INDUSTRIES PLC2008 Regulatory: NSE
12MAUREEN LAB. PLC2008 Regulatory: NSE
13RIETZCOT NIGERIA PLC2008 Regulatory: NSE
14INTRA MOTORS NIG. PLC2008 Regulatory: NSE
15AVIATION DEV. COY. PLC2008 Regulatory: NAICOM
16GROMMAC INDUSTRIES PLC2008 Regulatory: NSE
17ONWUKA HI-TEK. PLC2008 Regulatory: NSE
18NIGERIAN LAMPS PLC2008 Regulatory: NSE
19NIGERIAN YEAST & ALCAHOL MFG. PLC2008 Regulatory: NSE
20SECURITY ASS. PLC2008 Regulatory: NAICOM
21SUN INSURANCE PLC2008 Regulatory: NAICOM
22NIGERIAN TEXT. MILLS PLC2008 Voluntary
23FOOTWEAR MFG. PLC2009 Regulatory: NSE
24FERDINAND OIL MILLS PLC2009 Regulatory: NSE
25CHRISTLIEB PLC2009 Regulatory: NSE
26BCN PLC2009 Regulatory: NSE
27LIZ-OLOFIN & COY. PLC2009 Regulatory: NSE
28OLUWA GLASS COY. PLC2009 Regulatory: NSE
29ASABA TEXTILE MILLS PLC2009 Regulatory: NSE
30ABOSELDEHYDE LAB. PLC2009 Regulatory: NSE
31EPIC DYNAMIC PLC2009 Regulatory: NSE
32FADMAD PLC2009 Regulatory: NSE
33ABA TEXTILE MILLS PLC2009 Regulatory: NSE
34AFPRINT PLC2010 Regulatory: NSE
35 INCAR PLC2010 Voluntary
36NIGERCEM PLC2011 Regulatory: NSE
37DAILY TIMES PLC2011 Regulatory: NSE
38ALBARKA AIRLINE PLC2011 Regulatory: NSE
39FOREMOST DAIRIES PLC2011 Regulatory: NSE
40WIGGINS TEAPE NIG. LC2011 Regulatory: NSE
41OKITIPUPA OIL PALM PLC2011 Regulatory: NSE
42FIRST CAP. INV. & TRUST PLC2011 Regulatory: NSE
43FLEXIBLE PACKAGING PLC2011 Regulatory: NSE
44NEWPAK PLC2011 Regulatory: NSE
45KRABO NIGERIA PLC2011 Regulatory: NSE
46TROPICAL PETRO. PLC2011 Regulatory: NSE
47NIGERIAN BOTTLING COY PLC2011 Voluntary
48NAMPAK PLC2011 Voluntary
49UNITED NIG. TEX. PLC2011 Voluntary
50BANK PHB PLC2011 Nationalised: CBN
51AFRIBANK PLC2011 Nationalised: CBN
52SPRING BANK PLC2011 Nationalised: CBN
53INTERCONTINENTAL BANK PLC2011 Merged with Access Bank Plc.
54OCEANIC BANK PLC2011 Merged with ETI
55FINBANK PLC2011 Merged with FCMB Plc.
56ECOBANK PLC2011 Absorbed by ETI: Now Ecobank Nigeria Ltd
57ABPLAST PLC2012 Regulatory: NSE
58UDEOFOSIN GARMENT PLC2012 Regulatory: NSE
59HALLMARK PAPER PRODUCT PLC2012 Regulatory: NSE
60 BACGO BAG PLC April 11, 2013 Merged with Flour Mills Plc
61CRUSADER NIGERIA PLC May 13, 2013Merged with Custodian & Allied Insurance Plc.
62WEST AFRICAN ALUMINIUM PLC June 3, 2013 Regulatory: NSE
63NIGERIAN WIRE INDUSTRY PLC Jun2 3, 2013 Regulatory: NSE
??

 

Source: NSE


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Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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